The AssetsCo will also coordinate the system’s network capacity for operations and maintenance needs.
The call for tender follows extensive preparations by MyHSR Corp and SG HSR since the Kuala Lumpur-Singapore HSR Bilateral Agreement was signed by both governments in December 2016.
They said the project is a complex and extensive transport infrastructure project for both countries, which will generate huge socio-economic benefits arising from the increased connectivity and travel efficiencies.
MyHSR Corp CEO Datuk Mohd Nur Ismal Mohamed Kamal said: “We are delighted with the progress thus far with the submission of the Section 4 Land Acquisition Act completed, on-going Public Inspection for alignment within Malaysia, recently launched Project Delivery Partner (PDP) and today’s joint tender launch of AssetsCo.
“We welcome all interested parties to submit their best proposal for the AssetsCo tender,” he said.
SG HSR managing director Rama Venkta said: “Today marks a major milestone for this game-changing project, which will dramatically improve connectivity between Singapore and Malaysia.
“We are heartened by the enthusiastic response from the market for the Kuala Lumpur-Singapore HSR so far. Their feedback at the two industry briefings has been valuable in helping us design the parameters of the AssetsCo tender.”
